Forbo Holding Ltd
FORN
ISIN CH0003541510 / Valor 354151
Forbo Holding Ltd
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About company
Forbo Holding Ltd is a Swiss company that operates through two main divisions: Flooring Systems and Movement Systems. The Flooring Systems division specializes in providing a wide range of floor coverings for both commercial and residential use. Their product portfolio includes environmentally friendly natural linoleum, high-quality vinyl flooring, entrance flooring systems, carpet tiles, needlefelt floor coverings, and Flotex, a washable textile flooring. Additionally, they offer building and construction adhesives. The Movement Systems division is recognized as a global leader in the supply of conveyor and processing belts, plastic modular belts, power transmission belts, and timing and flat belts made from synthetic materials. These products are utilized across various industries, including manufacturing, retail, and services, with applications ranging from conveyor belts in the food industry to treadmills in fitness centers and flat belts in postal hubs. Forbo's comprehensive product offerings and global reach make it a significant player in both the flooring and movement systems markets.
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (23.10.2025):
In the first half of 2025, Forbo Holding Ltd reported a decline in net sales and profit, impacted by lower volumes, underutilized assets, and increased costs. Despite these challenges, the company maintained a solid balance sheet and continued to invest in innovation and strategic initiatives to reinforce its market position.
Net Sales Decrease
Forbo Holding Ltd achieved net sales of CHF 546.9 million in H1 2025, a decrease of 1.5% in local currencies and 4.1% in the reporting currency compared to CHF 570.3 million in the prior-year period. The decline was primarily driven by lower volumes and adverse currency effects.
Operating Profit Reduction
Operating profit (EBIT) fell to CHF 42.9 million in H1 2025 from CHF 61.8 million a year earlier, reflecting a significant impact from lower net sales, reduced capacity utilization, and inflation-driven cost increases. The EBIT margin decreased to 10.1% from 12.4%.
Profit Decline
Net profit for the first half of 2025 was CHF 33.4 million, down 31.0% from CHF 48.4 million in the same period last year. Earnings per share also decreased by 31.0% to CHF 23.70.
Divisional Performance
The Flooring Systems division remained stable despite a challenging environment, while the Movement Systems division underperformed due to postponed customer investments and rising operational costs. Both divisions focus on innovation and operational efficiency to drive future growth.
Solid Balance Sheet
Forbo Holding Ltd maintains a strong financial position with a net cash balance of CHF 34.2 million and a robust equity ratio of 63.5% as of June 2025. Investments in sustainability and fixed assets were primary factors affecting the cash balance.
Strategic Initiatives
The company is intensifying its focus on growth by advancing strategic initiatives aimed at enhancing customer focus, boosting operational efficiency, improving product availability, and enhancing the digital experience. Sustainability and innovation remain key priorities.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
1209 M
Market cap (USD)
1,921
Daily traded volume (Shares)
764 / 750
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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